SBI Q2 Profit Jumps 10% to Rs 20,160 Crore, Exceeds Street Estimates

State Bank of India (SBI) reported a 10% YoY growth in standalone Q2 net profit at Rs 20,160 crore, beating Street estimates of Rs 17,387 crore. The profit after tax (PAT) was up from Rs 18,331 crore in the same period last year. SBI's Q2 results outperform expectations, with a strong performance in the Indian banking sector.